SatoshiPay launched Stellar Lumens integration

One month after announcing the partnership with Stellar.org, SatoshiPay service announced that integration with the Stellar network is finally live

11 December 2017
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On December 11, SatoshiPay, a company that processes micropayment transactions or "nanopayments" in the form of cryptocurrency, has made an announcement stating that it had launched Stellar integration.

The new service can be tried at any of Satoshipay content partners’ websites, for example at Naftali Music or BTC Echo. The users will need to open the widget in the bottom right of the page, select “Top Up” and add credit using PayPal or directly from the Stellar wallet, the Lumens will arrive to the browser within seconds and the content can be payed for straight away.

We also found a way to emulate unconfirmed transactions on Stellar, which allows for content to be loaded milliseconds after clicking “Pay” instead of 5 seconds later when the payment is confirmed by the network. This is a crucial gain of speed in user experience and we plan to submit our approach as a Stellar protocol improvement.

Meinhard Benn
CEO, SatoshiPay

What is more, SatoshiPay company has announced its new partnership with:

TEMPO, a French money transfer company with a banking license

International Business Times (UK)

Also from December 12 of 2017 SatoshiPay will be able to accept credit card payments via the payment service provider TransactWorld UK.

It is worth mentioning that on December 6, Stellar has made an announcement about its partnership with new and developing cryptocurrency exchange GOPAX, based in Seoul, Korea.

At the moment of press, these are main market parameters of Stellar Lumens:

Stellar Build Challenge Deadline Coming

Stellar Build Challenge occur every three months, and the projects for the ongoing phase should be submitted before March 15, 2018

21 February 2018
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The Stellar Build Challenge is an ongoing program to reward innovation and development in the Stellar ecosystem. Stellar Build Challenge occur approximately every three months, and the projects for the ongoing phase should be submitted by March 15, 2018.

Stellar Build Challenge

Judges will award Lumens per submission as they see fit. Judges aim for announcing winners within two weeks of submissions closing. Submissions for each round should be done at least two weeks prior to judging in order to receive feedback. The users must announce their project on Galactic Talk to get feedback from the Stellar Development Foundation and the Stellar community.

A total of 550,000 lumens will be distributed amongst the winners, as determined a panel of judges.

The applicants should offer the non-traditional uses of the Stellar network, like building libraries, frameworks, and SDKs, wallets with functionality beyond sending and receiving lumens, tutorials involving projects based on the Stellar Network.